balancing costs

​Locational pricing could save £30 billion by 2035, according to a new study from the Energy Systems Catapult (ESC), commissioned by Octopus Energy.

​Ofgem has ruled that a CUSC Modification Proposal to defer winter 2021/22 Balancing Service use of System (BSUoS) costs to 2022/23 should be treated as urgent.

​National Grid ESO is to undertake a review of the balancing market, citing “very high-cost days” in the Balancing Mechanism in recent weeks.